OECD – Education Indicators in Focus

The expansion of higher education in rapidly-developing G20 nations has reduced the share of tertiary graduates from Europe, Japan and the United States in the global talent pool.

If current trends continue, China and India will account for 40% of all young people with a tertiary education in G20 and OECD countries by the year 2020, while the United States and European Union countries will account for just over a quarter.

The strong demand for employees in “knowledge economy” fields suggests that the global labourmarket can continue to absorb the increased supply of highly-educated individuals.